keshav bangur

• Do Vcs Really Add Value?

Then: Sometime back, a Delhi-based private equity investor described his business to this magazine as "legalised banditry". No doubt he was exaggerating for effect, but the point he was trying to drive home is by and large valid. And which is that, often, private equity investors (we have used VCs in the headline to loosely describe all long-term equity investors in this industry) do not put in enough effort to justify the kind of returns they end up making on their better deals. "VCs may pretend to add more value than they actually do," says Gaurav Dalmia, a Delhi-based investor. "Most do not and cannot add value. Dalmia is being harsh. How much value a VC adds depends on a number of factors such as the nature of the fund, the stage of investment, nature of the business, the quality o...

• Business Today
• November 10, 2010

• From Maharajas to the Masses

According to Major Rathore, six-, eight- and 10-goal tournaments are considered medium-level meets, while 12, 14 and 16 are considered high-goal events.

... the pre-eminence it enjoyed," says Anant Bangur, a member of the club's managing committee. His faather Keshav Bangur, a city industrialist, is the club presiden...

• Mint
• November 23, 2010

• Private Equity's Men in Control ; Unlike Most Other Private Equity Investors, Actis, Baring and India Value Fund Like to Acquire Majority Stakes in the Companies They Invest In. Why, and Do They End Up Generating Better Returns?

All of May this year, Baring Private Equity Partners India's (BPEPI) Partner, N. Subbu Subramaniam was on the road. Starting with the UAE, the Gurgaon-based investor then hit London, followed by New York, New Jersey, San Francisco and then Los Angeles. By the time Subbu returned to Delhi, he had logged over 30,000 air miles. Nothing unusual for deal makers like him, except that Subbu wasn't on a mission to raise money or find companies to invest in. Rather, he was making sales calls for the four companies in BPEPI's Fund II. I basically attempted to introduce portfolio company CEOs and regional heads to decision makers of potential customers, says Subbu. For instance, he introduced the management of Infrasoft Technologies to banks in the UAE. Similarly, he introduced Integra Software...

...Buying an ailing BFL Software from Keshav Bangur in 1998, Baring not just turned it around, ...

• Business Today
• July 03, 2008

• The Landmark Deals Deals ; It Takes Courage and Imagination to Do Novel Deals. No Wonder, There Aren't Too Many of Them.

Warburg Pincus-Bharti Tele-Ventures: The industry is unanimous on the significance of the deal. To put it simply, it suddenly made India very sexy. Between 1999 and 2001, Warburg Pincus decided to bet $290 million (Rs 1,276 crore then) in a telecom start-up (getting 18.5 per cent in equity), and ended up making returns that few investors do worldwide. Between last August and March this year, Warburg sold a little over 12 per cent of its stake in Bharti for more than $1 billion (Rs 4,400 crore). Its remaining 6 per cent is currently worth another $725 million (Rs 3,192 crore). Truly, a once- in-a-lifetime deal for any investor. Oak Hill-General Atlantic Partners-GECIS: The single-biggest deal in BPO so far, GE's partial sale of its BPO arm saw Oak and gap pick up 30 per cent each for a t...

... bought an ailing BFL Software from Keshav Bangur in March 1998, they struck India's first bu...

• Business Today
• October 24, 2005

• Do Vcs Really Add Value? ; with Private Equity Investors Increasingly Investing in Mature Listed Companies, It's Getting Harder to Say Yes to That Question.

Sometime back, a Delhi-based private equity investor described his business to this magazine as "legalised banditry". No doubt he was exaggerating for effect, but the point he was trying to drive home is by and large valid. And which is that, often, private equity investors (we've used VCs in the headline to loosely describe all long-term equity investors in this industry) don't put in enough effort to justify the kind of returns they end up making on their better deals. "VCs may pretend to add more value than they actually do," says Gaurav Dalmia, a Delhi-based investor himself. "They know the language, intimidate management and get away with murder. Most don't and can't add value, honest ones say so. Dalmia is being harsh. How much value a VC (we'll be using this word in a broad fash...

... promoted by Kolkata-based businessman Keshav Bangur, it was bought out (India's first such deal...

• Business Today
• October 24, 2005